Aeva Technologies (NYSE:AEVA) reported its Q3 earnings results on Wednesday, November 8, 2023 at 03:45 PM.
Here’s what investors need to know about the announcement.
Earnings
Aeva Technologies beat estimated earnings by 13.33%, reporting an EPS of $-0.13 versus an estimate of $-0.15.
Revenue was down $564 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 8.18% drop in the share price the next day.
Here’s a look at Aeva Technologies’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.16 | -0.18 | -0.19 |
| EPS Actual | -0.13 | -0.13 | -0.17 | -0.14 |
| Revenue Estimate | 700K | 870K | 3.12M | 1.92M |
| Revenue Actual | 743K | 1.15M | 188K | 1.37M |
To track all earnings releases for Aeva Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
